Leeham News and Analysis
There's more to real news than a news release.
Leeham News and Analysis
- Boeing CEO: Lessons learned are key to certification of 737-7/10 and 777X June 2, 2025
- Digital twin is a key to JetZero’s hopes for Blended Wing Body entry June 2, 2025
- Bjorn’s Corner: Air Transport’s route to 2050. Part 24. May 30, 2025
- Does an A220-500 need a new wing and engines? Part 3. May 29, 2025
- Boeing’s future depends on FAA approvals May 26, 2025
Boeing San Antonio seeking tanker work
Boeing’s defense unit in San Antonio, TX, is bidding on USAF KC-10 upgrade work. See this story.
For the conspiracy theorists and those in Seattle terrorized by the prospect Boeing Commercial Airplanes could locate the second 787 production line elsewhere–with San Antonio a prospective site–is this an effort by Boeing to beef up its airplane expertise in SAT? Is this an indication Boeing wants to beef up its presence in this non-unionized facility? Is this an effort to build its presence in a right-to-work state?
Is this more Perils of Pauline?
Boeing stock short sales history
The Boeing 787 could be the most profitable aircraft ever for Boeing, according to one aerospace analyst, but short-selling the stock is at its highest level ever.
Boeing stock short sales have fluctuated with the rise and fall of expectations on the 787 program. Here is the history since the airplane was launched in 2004 through July 15, 2009.
EADS announces earnings
We’ll provide analysis later today (PDT) but here is the 27 page earnings statement and accompanying presentation.
Update, 10:30 PDT: Here’s a synopsis of the EADS earnings call and our comments.
EADS Earnings Preview
EADS, parent of Airbus, announces its 2Q09-1H09 earnings July 28. Here are some topics that ought to be covered and questions analysts and reporters should ask:
WTO Countdown
It looks like the long-awaited, and long-overdue decisions on the complaints between the US and Europe over “illegal” subsidies to Airbus and Boeing may finally be about to be issued.
The London Times reports that a decision is due very soon from the World Trade Organization, which has been reviewing the complaints for two years now.
787 First Flight
Sent to us by a Seattle resident in a round-about way. Said the First Flight used a little more fuel than expected.
Snohomish County launches aerospace training effort
Media Advisory – July 9, 2009
Snohomish County leads aerospace training efforts
Joint effort allows for statewide workforce development
Looking to address the state’s aerospace workforce concerns, Snohomish County announced Tuesday that it has joined the Aerospace Futures Alliance and a consortium of community colleges and educational facilities to create a new, statewide aerospace institute offering training, research and development.
Earnings preview at Boeing
Note: It’s been a heavy travel year already for us and we are off again through July 24. We won’t be posting during this period. Any Comments submitted by people who haven’t previously posted will be delayed in posting until our return.
Boeing’s earnings call for 2Q09 is July 22. Since we will be traveling and won’t be providing our usual running reporting of the call and our concurrent take, we thought we would highlight a few things we think should be asked about by aerospace analysts and reporters.
Blaming labor oversimplifies: Fancher
Scott Fancher, the head of the Boeing 787 program, told the Charleston (SC) Business Journal that blaming labor for Boeing’s consideration of siting a second 787 production line is over-simplifying the issue.
The business paper wrote:
Negotiating in the Media
Certain Members of Congress close to Boeing, and the Governor, told the Seattle papers Boeing essentially issued an ultimatum to the IAM: adopt a no-strike clause or we’ll set up 787 Line 2 in another state.
As you might expect, not only did the message not go down well, neither did the choice of messengers. The IAM issued this response late Wednesday (July 8):